Wearable Technology Market Analysis and Scope (2024 to 2031)
Wearable Technology Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 70.25 billion |
Market Size by 2031 | US$ 201.14 billion |
Global CAGR (2023 - 2031) | 14.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Wearable Technology Market News and Recent Developments
The peer to peer insurance market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the wearable technology market:
- In April 2024, SKLZ, announced the launch of a new wearable tech product that measures speed, agility, and vertical jump, SKLZ Hyper Speed. The SKLZ Hyper Speed combines a sleek wearable tech band and a user-friendly mobile app to accurately measure speed, agility, and vertical jump so that athletes can create their combine in their backyard or on the practice field.
(Source: SKLZ, Press Release)
- In October 2023, Qualcomm partnered with Alphabet's Google to make wearable devices like smartwatches using chips based on RISC-V technology.
(Source: Qualcomm, Press Release)
Wearable Technology Market Report Coverage and Deliverables
The "Wearable Technology Market Size and Forecast (2021-2031)" provides a detailed analysis of the market covering the areas mentioned below:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles